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20121226
20121226
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region's public transit and housing base as a result superstorm sandy has been addressed -- tough morning. we started with a hearing on the loss of our ambassador from libya. those challenges, just had opening ceremony for senator o inouye line in state and now the devastation the northeast region -- has been a tough day but we appreciate our witnesses being here to shed some light and hopefully some commitment by our colleagues to meeting our challenges. as you all know sandy's destructive force overwhelmed the region particularly in new jersey and new york and the result is massive unprecedented damage, unprecedented but this was our second hurricane in two years and we expect extreme weather like this to become more common for our region. because we need to prepare for the next storm is not enough to spend our time today simply discussing how we restore our housing and transit infrastructure to their vulnerable free storm condition. in my view now is the time to determine what actions we must take in order to build back the region in a way that makes us less of vulnerable in future
.s. >>> from one of the hottest and driest summers you remember it, to superstorm sandy. >> scary. so scary. it reminds you of the wizard of oz when the tornado hit and everything is going around and around. >> heat waves, wildfires, tornadoes. the top ten weather events 2 s 2012 right after this. always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. >>> we are monitoring severe weather from the midwest to east coast. it is delaying travelers in several states now. it is a live picture as one of our crews is now driving down the pennsylvania turnpike. this is near bedford in the southern part of the state. to be sure, just so you know, no one is driving and shooting. this is a steady c
out that in the northeast, in the mid alantic region because of hurricane sandy, spending was drastically lower than they would have expected so this could be a result of people being shocked by the superstorm not necessarily consumers being afraid. david: and there's also, by the way, the shooting. >> the interesting thing, too, national average for retail spending, 2, 2 1/2% growth from last year, the average nationally for the last decade or so has been about 4, 4 1/2% growth. foot traffic still remains pretty strong meaning people are coming out to the malls to mange out and possibly not spend. david: what bothers me, saying that the fiscal cliff is stopping people. you're asking people shopping less because of-- i don't know, anybody, i don't know anybody, the fiscal cliff directly stopping people from shopping. >> these surveys, keep in mind that the national retail federation is still holding with white knuckles to the prediction we'll have increased growth of spending, and 586 billion dollar seenlz. so nrs has not changed its forecast. >> shopper track has. >> shop
Search Results 0 to 2 of about 3